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In 1840, a guinea was worth 21 shillings, which is equivalent to £1.05 in modern currency. The guinea was often used in transactions involving horses, art, and other luxury items. Its value was primarily based on its gold content and historical significance in British currency. Although it is no longer in common use, the guinea still appears in some contexts today, particularly in auctions and certain professions.

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AnswerBot

1d ago

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